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Tag Archives Canola


ICE July 2021 canola (candlesticks) with Bollinger (20,2) bands and November 2021 canola (black line). (Barchart)
Crops, Markets

ICE weekly outlook: Canola’s uptrend intact for now

By Phil Franz-Warkentin May 6, 2021
MarketsFarm — The ICE Futures canola market continued its months-long upward trajectory during the week ended Wednesday, hitting fresh contract highs in many months as tight old-crop supplies and weather […] Read more

Leaf necrosis (browning) observed after a few days where the night-time temperatures reached 0°C or lower. This picture was taken in a herbicide trial where necrosis was more severe when an overlap rate of certain herbicides were applied. Historically, this injury has not resulted in yield reductions when occurring at growth stage 30 or less.
Crops, News

Spring update for cereal crops and oilseeds

OMAFRA Field Crop Report for April 29

By OMAFRA Field Crop Team April 29, 2021
Winter wheat Winter wheat acreage is up by 8 per cent compared to the 2020 growing season (Statistics Canada). In general, the winter wheat crop looks very good throughout the […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (light yellow, dark yellow, dark green lines). (Barchart)
Crops, Markets

ICE weekly outlook: Challenging crop year ahead for canola

By Glen Hallick April 28, 2021
MarketsFarm — With declines in canola following Statistics Canada’s bullish-leaning projections for acres, it’s becoming more difficult to determine which way prices will trend in coming weeks and months. “Where […] Read more

(Dave Bedard photo)
Crops, Markets

StatsCan’s projected canola area on low side of expectations

Wheat acres expected lower, barley up

By Glen Hallick April 27, 2021
MarketsFarm — As the market grapples with new planting projections from Statistics Canada, one thing was abundantly clear to MarketsFarm Pro analyst Mike Jubinville: this canola forecast isn’t enough to […] Read more

Kyle Jeworski, Viterra’s CEO for North America, speaks in a December 2020 promotional video announcing the company’s worldwide rebranding. (Viterra video screengrab via YouTube)
Crops, Markets

Viterra plans major canola crusher for Regina

Expected capacity would make facility largest in world

By Dave Bedard April 26, 2021
Grain handler and processor Viterra is taking its plans to build the world’s biggest canola crusher to its Prairie home town. The North American arm of Rotterdam-based Viterra said Monday […] Read more


(Dave Bedard photo)
Crops, Markets

More canola, less wheat expected ahead of StatsCan report

'Returns per acre are just so much stronger'

By Phil Franz-Warkentin April 24, 2021
MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada […] Read more

Excerpt from a digital rendition of Cargill’s proposed $350 million canola crushing plant proposed for the Regina area. (Image courtesy Cargill)
Crops, Markets

Cargill to crush canola at Regina

New plant to process up to one million tonnes per year

By Dave Bedard April 23, 2021
The Canadian arm of agrifood giant Cargill plans to further expand its reach in the Prairie canola market with a new crush plant at Regina and upgrades elsewhere. The company […] Read more

ICE May 2021 canola with Bollinger (20,2) bands. (Barchart)
Crops, Markets

ICE weekly outlook: Canola’s uptrend still intact

By Phil Franz-Warkentin April 22, 2021
MarketsFarm — ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, with no end to the uptrend in sight from a fundamental standpoint. “We are in […] Read more


(Dave Bedard photo)
Crops, Markets

Slight adjustments in AAFC’s April supply/demand report

By Phil Franz-Warkentin April 21, 2021
MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first […] Read more

Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)
Crops, Markets

Grain, oilseed exports at strong pace

By Phil Franz-Warkentin April 17, 2021
MarketsFarm — Canadian grain and oilseed exports continue at a strong pace, with movement of canola, wheat and barley all running well ahead of the year-ago pace. Crop-year-to-date exports of […] Read more

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